Rowan Regional Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 894,831 | 575,763 | 319,068 | 581.4 | 0% |
| 2012 | 2,583,803 | 952,508 | 1,631,295 | 407.4 | 0% |
| 2013 | 3,533,555 | 5,459,064 | −1,925,509 | 75.0 | 0% |
| 2014 | 2,280,221 | 3,071,662 | −791,441 | 130.8 | 0% |
| 2015 | 2,481,501 | 3,219,263 | −737,762 | 116.2 | 0% |
| 2016 | 2,053,394 | 3,075,574 | −1,022,180 | 127.1 | 0% |
| 2017 | 3,419,223 | 1,934,170 | 1,485,053 | 236.1 | 0% |
| 2018 | 6,708,471 | 2,291,302 | 4,417,169 | 216.4 | 0% |
| 2019 | 6,326,436 | 1,706,460 | 4,619,976 | 357.6 | 0% |
| 2020 | 4,632,015 | 2,216,087 | 2,415,928 | 293.0 | 13% |
| 2021 | 11,479,503 | 14,008,420 | −2,528,917 | 44.3 | 1% |
| 2022 | 7,218,279 | 1,954,788 | 5,263,491 | 308.9 | 18% |
| 2023 | 4,767,135 | 3,616,931 | 1,150,204 | 182.1 | 8% |
In its most recent public year (2023), this organization brought in $1,150,204 more than it spent. Its reserves stood at about 182.1 months of spending, down from 581.4 in 2011. Staff pay was 8% of spending. $5,870,336 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rowan Regional Medical Center Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works